Mr. Stephen Roman reports

GLOBAL ATOMIC UPDATES THE SITUATION IN THE REPUBLIC OF NIGER

Global Atomic Corp.'s development of the Dasa project continues to advance. Following the recent resignation of the president in Niger, the company's Dasa project remains unaffected, other than the borders and airport have been temporarily closed, which will interrupt Global Atomic's supply lines in the short term.

As the safety and security of its employees in the capital of Niamey and at the project site are of utmost importance, Global Atomic has been reassured to know that various branches of the military are maintaining peace and stability in the country. Global Atomic has also been informed that the ruling political party remains in place and that a new Head of State will be appointed.

With an infrastructure that has supported uranium mining for over 50 years, an experienced mining work force and the highest-grade uranium deposit in Africa, Global Atomic remains committed to the development of the Dasa project and the ensuing benefits to its shareholders and the people of Niger.

Global Atomic is closely monitoring the unfolding situation in Niger, and the company will keep its investors and other stakeholders informed.

About Global Atomic Corp.

Global Atomic is a publicly listed company that provides a unique combination of high-grade uranium mine development and cash-flowing zinc concentrate production.

The company's uranium division includes four deposits, with the flagship project being the large, high-grade Dasa project, discovered in 2010 by Global Atomic geologists through grassroots field exploration. With the issuance of the Dasa mining permit and an environmental compliance certificate by the Republic of Niger, the Dasa project is fully permitted for commercial production. The phase 1 feasibility study for Dasa was filed in December, 2021, and estimates yellowcake delivery to utilities to commence in 2025. Mine excavation began in the first quarter of 2022.

Global Atomic's base metals division holds a 49-per-cent interest in the Befesa Silvermet Turkey SL (BST) joint venture, which operates a modern zinc production plant located in Iskenderun, Turkey. The plant recovers zinc from electric arc furnace dust (EAFD) to produce a high-grade zinc oxide concentrate which is sold to zinc smelters around the world. The company's joint venture partner, Befesa Zinc SAU, holds a 51-per-cent interest in, and is the operator of, the BST joint venture. Befesa is a market leader in EAFD recycling, with approximately 50 per cent of the European EAFD market and facilities located throughout Europe, Asia and the United States.

We seek Safe Harbor.